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10/28/2013 11:19AM

Merck’s Profits Tumble 35%, and More

What’s News: Merck’s profits fall on weaker sales and restructuring costs. Toyota stays on top of GM as world’s top-selling automaker. European Union delegation is in Washington, outraged by U.S. spying of world leaders. Joanne Po reports.

This transcript has been automatically generated and may not be 100% accurate.

... yet that dose of the US and this is what's news I'm WS J live I'm Thailand Co ... Merck's third-quarter earnings take a thirty five percent of all the loss of exclusivity for its blockbuster asthma and allergy drug Singulair ... contributing to weaker sales costs related to the pharmaceutical giants restructuring of its research and development operations also weighing on the company's results data stays on top of GM as the world's top selling auto maker Toyota's global sales reaching seven point four million vehicles for the first nine months of the year ... general Motors sales totaling seven point two million in the same period ... GM had the global sales down for seven decades before losing the title to clear that back in two thousand ate ... GM retook the crown in two thousand eleven when two it has plants for slowed by an earthquake and tsunami ... Toyota has since recovered and was at the top again in twenty twelve ... European Union delegation is in Washington this morning from meetings at the White House and with members of Congress ... their outrage that the new revelations that the National Security Agency has been spying on at least thirty five world leaders ... NSA ended the program in question which included the surveillance of German Chancellor ... Angela Merkel's phone ... the move to and the surveillance ... came after an internal bomb like they missed ration of you this summer revealed operations insists that senior officials say that President Obama was unaware that his own spies were eavesdropping on the phones of world leaders ... bookie keep us in all the latest is about as rapid and what's news and to beest lad I'm Joann Co ...